306 W Cheyenne Rd

2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investment Opportunity in D-12: Duplex Property with Great Potential! Don't miss this excellent investment opportunity in the sought-after D-12 area! This property features two units: a spacious 3-bedroom and a cozy 2-bedroom, offering multiple income streams or flexible living arrangements. The property also includes a 2-car garage and a convenient carport, providing ample parking space. Sitting on a large lot, this property has incredible potential for value-add renovations. Sold "as is," it needs...Investment Opportunity in D-12: Duplex Property with Great Potential! Don't miss this excellent investment opportunity in the sought-after D-12 area! This property features two units: a spacious 3-bedroom and a cozy 2-bedroom, offering multiple income streams or flexible living arrangements. The property also includes a 2-car garage and a convenient carport, providing ample parking space. Sitting on a large lot, this property has incredible potential for value-add renovations. Sold "as is," it needs some work but offers a blank canvas for investors or homeowners looking to customize and increase equity. Ideal for rental income or a personal project, this is an opportunity you won’t want to miss!
  1. Listed by Jeffrey Piggot • The Cutting Edge
    P: (719)-210-8433 jpiggot@gmail.com

Property Details for 306 West Cheyenne Road

Zoning
R-2
LISTING CLOSED: 10/20/2024 10:00 PM

Property Details for 306 West Cheyenne Road

StatusSold
MLS #3187098
Days on Compass3
Taxes$2,450 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeIncome / Duplex
Year Built1950
Lot Size0.21 AC / 8,970 SF
CountyEl Paso County

Location

Listing Courtesy of The Cutting Edge, Jeffrey Piggot

Sold By Coldwell Banker Realty, Jennifer Montoya

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Building Information for 306 West Cheyenne Road

Stories-Residences2Year Built1950Building Size-Lot Size0.21 AC / 8,970 SF

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$2,110 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,906

Property Taxes

$204

HOA Dues

$0

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Property Information for 306 West Cheyenne Road

Summary
Location and General Information
  • Directions: Take exit 140 toward Nevada Ava/CO-115 S/Tejon St., Turn right onto S Tejon St. Go for 0.4 mi., Take the 1st exit from roundabout onto W Cheyenne Blvd toward Cheyenne Blvd., Turn left onto Lorraine St., Turn right onto W Cheyenne Rd.
  • Latitude: 38.805317
  • Longitude: -104.832627
Taxes and HOA
  • Parcel Number: 7425118024
  • Tax Annual Amount: $2,450
  • Tax Year: 2023
School Information
  • High School District: Cheyenne Mtn-12
Parking
  • Number Of Parking Spaces: 3
Property
Lot Information
  • Lot Size: 8970.0
  • Lot Size Units: Sq Ft
  • Lot Size Acres: 0.2059
  • Lot Size Square Feet: 8970.0
Property and Assessments
  • Living Area Source: Assessor Records
  • Year Built: 1950
Utilities
  • Has Well Permit: No
  • Sewer: Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Municipal
Interior and Exterior Features
Exterior Features
  • Siding: Masonite Type
Interior Features
  • Additional Items: Refrigerator in both units, washer
  • Appliances: Dishwasher, Range, Refrigerator, Washer
  • Basement: Full Basement
  • Fireplace Features: Lower Level, Upper Level
  • Heating: Gravity, Natural Gas
  • Laundry Features: Electric Hook-up
Multi Family
Multi Family Information
  • Unit Count: 2
  • Unit Total Baths: 2
  • Unit Total Beds: 5
  • Unit Total Num Garage: 2
  • Number Of Units Total: 2

Property History for 306 West Cheyenne Road

DateEvent & SourcePriceAppreciation
Oct 21, 2024

Sold (Public Record)

Public Record #1543904468

$375,000

+2.7% / yr

Oct 20, 2024

Sold

Pikes Peak REALTOR Services (elevatedMLS) #3187098

$375,000
Oct 3, 2024

Pending

Pikes Peak REALTOR Services (elevatedMLS) #3187098

DateEvent & SourcePrice
10/21/2024

Sold (Public Record)

Public Record #1543904468

$375,000

+2.7% / yr

10/20/2024

Sold

Pikes Peak REALTOR Services (elevatedMLS) #3187098

$375,000
10/03/2024

Pending

Pikes Peak REALTOR Services (elevatedMLS) #3187098

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 306 West Cheyenne Road

Taxable ValueLand$11,860Additions$31,090Total$42,950
Tax Record2025$2,876 ($240 / month)
Home Facts
Total Finished SqFt2,016 SqFtAbove Grade Finished SqFt1,246 SqFtFinished Basement SqFt770 SqFtStories1Lot Size8,970 SqFtStyleDuplexYear Built1950ZoningR2CountyEL PASOAPN7425118024Fireplace TypeHas Fireplace

Schools near 306 West Cheyenne Road

This home is within Cheyenne Mountain 12 School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 4 to 12
Rating
School
Distance
Broadmoor Elementary School
PublicK to 6

Cheyenne Mountain Junior High School
Public7 to 8

Cheyenne Mountain High School
Public9 to 12

Zebulon Pike
Public4 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Cutting Edge, Jeffrey Piggot

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.